New Arrival! TrendForce 2022 Global LED Video Wall Market Outlook and Price Cost Analysis

According to TrendForce 2022 Global LED Video Wall Market Outlook and Price Cost Analysis, as the COVID-19 outbreak is slowing down, the global LED video wall market has witnessed strong demand return between 2Q21 and 3Q21. Recoveries in markets that were severely affected by the 2020 pandemic have been particularly robust in 2021, including commercial rental, sports venues, corporation & education, and outdoor displays. According to TrendForce analysis, the LED video wall market scale is likely to reach USD 6.351 billion in 2021 (+14.9% YoY) and jump to USD 12.017 billion in 2025.

2022 LED Video Wall Market Trend and Outlook

TrendForce indicated that countries worldwide begin lifting lockdown restrictions as vaccination rates increase; business and sporting events, such as the UEFA Champions League and Tokyo Olympics, have returned, thereby driving overall market demand. Additionally, due to rising costs of upstream materials including LEDs, driver ICs, and PCBs, major LED video wall manufacturers have raised prices of their products to ensure basic profits. Raising prices also implies that these leading companies are optimistic about the future market demand.

Indoor Display: Demand for high-resolution and HDR products has contributed to stable sales growth in video walls for corporation & education spaces, movie cinemas and home theaters, and virtual production. Benefited from government stimulus packages, display applications in control rooms will again move into the spotlight. In addition, transparent displays in retail stores can bring a “beyond imagination” visual feast for all the shoppers.

Outdoor Display: Thanks to government stimulus packages, market demand for traffic and advertising billboards/landmarks will continue to grow steadily in 2021–2022. Particularly, applications of outdoor fine pitch displays are projected to include high-end commercial advertising display (e.g., street furniture, bus shelter displays). Further, the highly realistic HDR technology of glasses-free 3D displays has successfully improved urban landscaping and caught pedestrians’ eyes.

Global LED Fine Pitch Display Market Scale

According to TrendForce, despite the fact that COVID-19 pandemic strongly hit the LED video wall market, the market of all-in-one LED display for corporation & education enjoyed remarkable growth and virtual production market also became a focus of attention in 2020. Meanwhile, the market of ≤P1.0 ultra fine pitch display for security surveillance, corporation & education, and home theater achieved steady growth as well. With the steadily growing LED fine pitch display market in 2020, the market scale of LED fine pitch displays slightly increased to USD 2.738 billion (+5.0% YoY). As the application of LED fine pitch displays consistently extends and the shipment of ≤P1.0 ultra fine pitch displays increases year by year, the CAGR of global LED fine pitch displays is 27% during 2020-2025.

All-in-One LED Display Market Trend

All-in-One (AIO) LED displays are controller-integrated standardized products, which are slimmer (avg. 3–5cm in thickness), emphasize on-site modularization enabling quick installation, and can be installed and testing within 1 to 2 hours. All-in-One LED displays feature an aspect ratio of 16:9, a size ranging 110–220 inches, a pitch pixel of P1.2–P2.5, and FHD resolution, and can be portable, wall mounted, or floor-standing. AIO LED displays are mainly applied to corporate meeting rooms, event and exhibition venues, lecture halls, control rooms, Esports venues, and even home theaters.

According to TrendForce analysis, MaxHub topped the list of All-in-One LED display rankings by market share in 2020, followed by CLT, Leyard, Absen, and Unilumin.

2020-2021(E) LED Video Wall Player Revenue Performance

According to TrendForce, most of the video wall manufacturers experienced a decrease of 10%-30% caused by the COVID-19 pandemic. Even though overall revenue for 2020 declined to USD 631 million (-17.4% YoY), Leyard ranked first thanks to the strong market demand in China. Unilumin also faced a decrease in revenue from overseas market, but its revenue was only down slightly to USD 600 million (-3.1% YoY) as the company raised the business proportion in Chinese market and thus ranked second. The next is Qiangli Jucai who focused on Chinese market and achieved revenue growth against the trend by actively developing distribution marketing. Samsung Electronics ranked 6^th since its revenue delivered by The Wall series offset the revenue decrease of outdoor video wall. According to TrendForce analysis top ten LED video wall manufacturers have a 64.1% market share and top 20 have a 76.5% market share.

≤P1.0 Ultra Fine Pitch Display Product Trend

Due to the impact of COVID-19 outbreak, the price of video wall products dropped significantly in 2020, potentially driving the end market towards ≤P1.0 ultra fine pitch displays. Main manufacturers included Samsung Electronics, Leyard, Unilumin, Ledman, Cedar, CREATELED and HCP. Amongst those, Samsung Electronics, Leyard, Unilumin had market share to the tune of 65%.

Active matrix solutions are mainly applied to the market of LED video walls with multiple spliced displays, among which the method of wrap-around electrodes Glass is dominant. The biggest challenges of this approach lie on splicing process, splicing surface evenness, and color consistency. Additionally, cost remains the key factor affecting the development active matrix LED displays. LED video wall players have planned to introduce active matrix solutions to the production of LED video walls with a pixel pitch of ≤P0.625, while paying attention to the technological development and price trends of passive matrix solutions.

TrendForce’s analysis focuses on 2022 LED video wall market outlook and application market trends; major LED video wall players’ revenue and product development; LED video wall price and cost analysis; suppliers’ technology and product specification cost development of the Micro LED / Mini LED / ≤P1.0 ultra fine pitch display markets; LED video wall sales channel analysis, etc. TrendForce aims to provide readers with a comprehensive understanding of marketing and sales in the LED video wall market.

Written by Joanne Wu and Allen Yu, Analyst of TrendForce Corp.

2022 Global LED Video Wall Market Outlook and Price Cost Analysis

Release Date: 24 September 2021
Language: Traditional Chinese / English
Format: PDF
Page: 224

Chapter I. LED Video Wall Market Scale and Trend Analysis

 LED Video Wall Market Supply Chain and Requirement

 2021-2025 Global LED Video Wall Market Scale

 2019-2020 Top 20 LED Video Wall Player Revenue Ranking

 2020 Top 20 LED Video Wall Player Market Share Analysis

 2021(E) Top 10 LED Video Wall Player Revenue vs. Market Share

 2020-2021(E) Top 10 LED Video Wall Player Revenue vs. Shipment

 2021-2025 Global LED Fine Pitch Display Market Scale

 2021-2025 Global LED Fine Pitch Display Market Shipment

 2019-2020 Top 20 LED Fine Pitch Display Player Revenue Ranking

 2020 Top 20 LED Fine Pitch Display Player Market Share Analysis

 2021(E) Top 10 LED Fine Pitch Display Player Revenue vs. Market Share

 2020-2021(E) Top 10 LED Fine Pitch Display Player Revenue vs. Shipment

 2020 ≤P1.0 Ultra Fine Pitch Display Player Revenue vs. Market Share

 2020-2021(E) Mini LED Video Wall Market Scale vs. Specification Trend

 2020-2021(E) Global LED Fine Pitch Display Application Market Analysis

 2020-2021(E) P2.1-P2.5 Video Wall Application Market Analysis

 2020-2021(E) P1.7-P2.0 Video Wall Application Market Analysis

 2020-2021(E) P1.2-P1.6 Video Wall Application Market Analysis

 2020-2021(E) ≤P1.0 Ultra Fine Pitch Display Application Market Analysis

 2020-2021(E) Global LED Video Wall Regional Market Scale

 2020-2021(E) Global LED Fine Pitch Display Regional Market Scale

 2020 Global LED Fine Pitch Display Regional Market- By Application

 2021(E) Global LED Fine Pitch Display Regional Market- By Application

Chapter II. Micro LED vs. Mini LED Video Wall Market Trend

 Micro LED vs. Mini LED Video Wall

 Micro LED vs. Mini LED Video Wall Product Advantages

 Micro LED vs. Mini LED Video Wall Technology Overview

 Mini LED Video Wall- Chip Yield, Price Trend and Brand Target

 Mini LED Video Wall- Pick and Place Technology Trend

 Micro LED Video Wall- Chip Yield and Brand Target

 Micro LED Video Wall- Mass Transfer Technology Trend

 Micro LED vs. Mini LED Video Wall- Backplane Analysis

 Active Matrix vs. Passive Matrix LED Video Wall Product Design

 Micro LED vs. Mini LED Video Wall- Active Matrix vs. Passive Matrix

 2021-2022 COB vs. COG Technology Trend and Challenges

 Micro LED vs. Mini LED Video Wall- Controller Market Trend

 2021-2022 P0.625 LED Video Wall Cost Analysis- Active vs. Passive Matrix

 2021-2022 88-inch 4K P0.51 LED Video Wall Cost Analysis- Active Matrix

 2021-2022 76-inch 4K P0.4 LED Video Wall Cost Analysis- Active Matrix

 Micro LED vs. Mini LED Video Wall Manufacturer Supply Chain Analysis

 2021-2022 Mini LED Video Wall Player Product Progress

 2021-2022 Micro LED Video Wall Player Product Progress

 8K LED Video Wall Size and Pixel Pitch Analysis

Chapter III. 2022 LED Video Wall Market Outlook and Highlight

 2022 LED Video Wall Market Trend and Outlook

3.1 Corporation & Education Market Trend

 2020-2021(E) Corporation & Education- Video Wall Specification Trend

 Corporation & Education- LED / LCD Video Wall vs. Projector Specification and Price Analysis

 AIO LCD Display vs. P0.9-P2.5 LED Video Wall Price Analysis

 All-in-One LED Display Product and Applications Analysis

 2021-2021(E) All-in-One LED Display Market Scale vs. Target Customers

 2020 All-in-One LED Display Player Shipment Ranking vs. Market Share

 All-in-One LED Display Product Overview

 All-in-One LED Display Specification and Price Analysis

3.2 HDR Market Trend-Home Theater, Virtual Production and Movie Cinema

 2020-2021(E) Entertainment & Cinema- Video Wall Specification Trend

 Home Theater Market Trend - LED Video Wall vs. Projector Market Scale, Specification and Price

 Home Theater Market Opportunities and Potential

 5G+8K LED Video Wall Product Requirements

 Virtual Production Market Trend and Strength Analysis

 2020-2021(E) Virtual Production Market Scale vs. Display Requirement

 Virtual Production Supply Chain vs. Sales Channel Analysis

 Premium Movie Cinema Definition vs. LED Video Wall Requirements

 LED Video Wall Players Strategic Alliances vs. Progress Analysis

3.3 LED Transparent Display Market Trend

 2021-2025 LED Transparent Display Market Scale

 2020 LED Transparent Display Player Revenue Ranking

 LED Transparent Display Specification and Price Analysis

3.4 Outdoor Display Market Trend- Glasses-Free 3D Display vs. Outdoor Fine Pitch Display

 Glasses-Free 3D Display vs. LED Outdoor Fine Pitch Display Markets

 Glasses-Free 3D Display Specification Requirements

 Glasses-Free 3D Display Industry Value Chain Analysis

 LED Outdoor Fine Pitch Display Application Market Analysis

 LED Outdoor Fine Pitch Display Player and Product Specification

 LED Outdoor Fine Pitch Display Specification Analysis

 P1.5-P10 LED Outdoor Display Price Analysis

Chapter IV. Video Wall Market Price and Cost Analysis

 LED Video Wall Market Price Survey- Methodology and Definition

 LED Video Wall Sales Models and Price Strategies

 2021-2022 LED Video Wall Price Analysis

 2021-2022 P2.5 LED Video Wall Price Analysis

 2021-2022 P1.9 LED Video Wall Price Analysis

 2021-2022 P1.5-P1.6 LED Video Wall Price Analysis

 2021-2022 P1.2 LED Video Wall Price Analysis

 2021-2022 P0.9 LED Video Wall Price Analysis

 2021-2022 P0.7-P0.8 LED Video Wall Price Analysis

 2021-2022 P0.625 LED Video Wall Price Analysis

 2021 P1.2-P1.68 LED Video Wall Cost Analysis

 2021 P0.9375 LED Video Wall Cost Analysis

 2021 P0.78 / P0.84 LED Video Wall Cost Analysis

 2021 P0.625 LED Video Wall Cost Analysis

Chapter V. LED Video Wall Player Strategies

 Global Major LED Video Wall Players

 LED Fine Pitch Display Manufacturer Progress

 LED Video Wall Player OEM Supply Chain Analysis

 LED Video Wall Player Product Strategy and Sales Performance

Leyard

Unilumin

Absen

Liantronics

Ledman

Qiangli Jucai

GKGD

Shanghai SANSI

HIKVISON

Dahua

Cedar

CVTE / MaxHub

HCP Technology

CREATELED Electronics

Konka

TCL CSOT

BOE

Samsung Electronics

LG Electronics

SONY

Daktronics

Lighthouse Technologies

SiliconCore

Innolux

BARCO

Sharp

Chapter VI. LED Market Trend and Product Strategies

6.1 Display LED Market Scale and Player Strategies

 2021-2025 Display LED Market Value Analysis

 2021-2025 Display LED Market Volume Analysis

 2021-2025 Display LED Market Value Analysis- Incl. Micro / Mini LED

 2021-2025 ≤P2.5 Display LED Market Value Analysis- By Product

 2021-2025 ≤P1.0 Display LED Market Value Analysis- By Product

 2020-2021 Display LED Price Trend- SMD LED

 2020-2021 Display LED Price Trend- 4-in-1 Mini LED

 2020-2021 Display LED Price Trend- RGB Mini LED Chips

 2019-2020 Display LED Chip Player Revenue Ranking

 2019-2020 Display LED Package Player Revenue Ranking

 2021 Display LED Player Capacity and Supply Chain Analysis

 2021 4-in-1 Mini LED Player Capacity and Supply Chain Analysis

6.2 Indoor Fine Pitch Display LED Product Analysis

 Display LED Product Application Market

 Fine Pitch Display LED Product Overview

 Fine Pitch Display LED Technology Overview

 Pixel Size vs. Pixel Pitch Analysis

 2021-2022 Display LED Development Trend

 4-in-1 Mini LED Product Pros and Cons Analysis

 Mini LED Chip Yield Rate, Price Trend and Brand Target

 Mini LED COB Product Pros and Cons Analysis

 2021 Micro / Mini LED COB Supply Chain and Business Model

Chapter VII. Driver IC Market and Player Strategies

 2021-2025 Video Wall Driver IC Market Value Analysis

 2019-2020 Driver IC Player Revenue Ranking

 2021-2025 LED Video Wall Driver IC Market Shipment Analysis

 2020-1H21 Driver IC Manufacturer Shipment Ranking

 2020-2021 Common Cathode Driver IC Market Opportunity and Penetration Rate Analysis

 High Numbers of Channels and Scan Lines with High Refresh Rate Have Become Trends of Driver IC Development

 2021 Drive IC Market Price Survey

 Driver IC Player Revenue Performance and Product Analysis

Macroblock

Chipone

Sunmoon

Fine Made

LEDSIC

Developer

Chapter VIII. Pro A/V System Integrator / Distributor List Analysis

 China- Pro A/V System Integrator List

 China- LED Video Wall Distributor (Dealer) List

 North America- Pro A/V System Integrator List

 North America- Pro A/V System Integrator and Distributor (Dealer) List

 Europe- Pro A/V System Integrator List

For further information about the report, please contact:

Global Contact:	ShenZhen:
Grace Li Tel : +886-2-8978-6488 ext 916 E-mail :Graceli@trendforce.com	Perry Wang Tel : +86-755-82838931 ext.6800 E-mail : Perrywang@trendforce.cn

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